In recent decades, interconnections between countries have increased substantially
worldwide as the process of integration and globalisation intensifies, with a positive impact …

Purpose–The purpose of this paper is to empirically examine stock returns behavior during
financial crises for an emerging market from 1992 to 2009. The authors identify episodes of …

Purpose The increasing globalization and technological advancements have increased the
information spillover on stock markets from various variables. However, there is a dearth of a …

We study the effects of stock market volatility on risk-taking and financial crises by
constructing a cross-country database spanning up to 211 years and across 60 countries …

Natural disasters continue to increase in frequency and severity, bringing about ever-
increasing interest in studying their financial consequences in order to contribute evidence …

The study applies the dynamic conditional correlation (DCC) bivariate generalized
autoregressive conditional heteroskedasticity (GARCH) model of Engle in order to capture …

Derived from the viewpoint put forward by Joseph Alois Schumpeter in 1912, financial
innovation (FI) has made great achievements, mainly reflected in the innovations of …

In the context of increasing concerns about financial stability, the different forms of
speculation and their study are gaining importance. In the last decade, concern has grown in …

PURPOSE: A notable observation in the literature of financial markets is the debate on
market contagion and causality. During periods of financial distress, global financial markets …

Purpose–Asian markets have shown immediate response to the financial crisis in the past
and stock returns were affected critically. An attempt is made to study the volatility of stock …